---
schema_version: "secwatch.filing_event.v1"
accession: "0000874501-25-000100"
form_type: "8-K"
ticker: "OSG"
cik: "0000874501"
company_name: "OCTAVE SPECIALTY GROUP INC"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T07:20:10.447478+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ambac Financial extends credit facility maturity to Dec 31, 2025 with $10M repayment Oct 31

## Summary
- Maturity extended from July 31, 2025 to earlier of Dec 31, 2025 or 3 months after termination of American Acorn SPA.
- Requires $10M principal repayment on Oct 31, 2025 plus any mandatory prepayment.
- Duration fee of 1.00% of outstanding loans due Nov 3, 2025; extension fee of 1.00% paid.
- Must maintain unrestricted cash/cash equivalents >= $30M at all times.

## SEC filing metadata
- accession: 0000874501-25-000100
- form_type: 8-K
- ticker: OSG
- cik: 0000874501
- company_name: OCTAVE SPECIALTY GROUP INC
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874501/000087450125000100/0000874501-25-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874501/000087450125000100/ambc-20250610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874501-25-000100
- JSON: https://secwatch.observer/filing/0000874501-25-000100.json
- Plain text: https://secwatch.observer/filing/0000874501-25-000100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.